tv [untitled] July 6, 2011 8:00am-8:30am EDT
closer than the radio the leader of the g.o.p. hotel's church in new delhi has a. baby her to carry collection ramona clothes and the other maidens hotel the leader part was the leader reticent shift he was punished but they pretty much promised. the planet approves a second disaster recovery budget devastated communities call out for more psychological support and fears grow of a radiation levels in the area around fukushima. shining a light on the web of international terror russia publishes a declassified list of people and groups it says are financing extremism in the north caucasus. and the euro's woes take a turn for the worse as portugal's that gets downgraded to junk status the panic spreading over where it will all.
just out of four pm here in moscow you without saying i'm wrong recent showing but after almost four months now since the massive earthquake and tsunami tore through japan's northeast the daunting task of rebuilding homes and lives continues efforts have been boosted by the passing of a second emergency budget of almost twenty five billion dollars but as well as financial assistance traumatized survivors are also in desperate need of emotional support as sean thomas reports. as the waves crash against a damaged to sea wall on the japanese coast volunteers working tirelessly to clean up the debris and bring some sense of normalcy back to the area you know i want to tell people we need more help more supplies and things are still current here. beyond the physical destruction there is a distressing psychological factor as well as city if you want he is right on the
edge of the twenty kilometer exclusion zone for radiation contamination in fact in a recent study by japan's nuclear safety commission forty five percent of one thousand children tested in walking into neighboring cities have tested positive for thyroid radiation exposure but figure that has parents appalled at all we have the government has researched the criteria for safety and are not concerned with the consequences their reaction is to help the governments they face but they don't actually take care of the damage and the people here first there was the earthquake then the devastating way which rushed in and destroyed this part of the coastal city of it walking also there are the nuclear radiation waves that are coming into this area as well the volunteers that are coming in to rebuild this city certainly have their work cut out for them but just like the city itself the people who live here the community they need to have their spirits rebuilt as well but.
again in an effort to keep the community emotionally strong organizers have brought this acting troupe in from tokyo they say their goal is to provide something beyond simple intertainment for people out there we have a certain japanese pride and in this destructive situation i would like to bring good things and present a spirit of japan and japanese pride by bringing people together and making people smile through that shared community experience there is a sense of hope that the city of a walkie can indeed recover convenience store because of the clothes. you see all that you see many lives coming back. and with an understanding that there is still much more work that needs to be done but people here are working to keep their community together. i just want them to stay where they want. and if i can be helpful that i keep doing it. and rebuilding the city one step at
a time anyone key city japan sean thomas or chief. well in the wake of the crisis at fukushima japan is going to stress test each of its nuclear power plants to determine how well the reactors could withstand further natural disasters and it was also aimed at assuring the people that the facilities are safe i spoke to the director general of the world nucleus o.c.a. who blames the media for stirring up public panic in japan is a preview of what's to come later this summer. we've just seen twenty four thousand japanese citizens killed by an earthquake and a tsunami. we've seen the media. frenzy in covering the accident at fukushima which has not made it had not been very responsible for a single radiation fatality i think it was a tragedy in terms of the world's understanding of the essential safety of nuclear power i also think however that it might also be educational in the long term
because people have begun to focus on them as they begin to begin to focus even more clearly on the ultimate consequence of the fukushima they will learn that there was relatively little damage done. and it was coming up later this hour it's now or five minutes past the hour here in moscow but the russian government has published a list of all individuals and organizations proven to be sponsoring terrorism but also includes international entities involved in funding extremism their names taken from a u.n. a blacklist north caucuses correspondent making a question about has details on this. a list of individuals and companies suspect it's also involvement in financing of terrorism was published in this government own newspaper this morning you know this document was a previously confidential but now part of it is open to public now companies that are present in this list are located in different countries and basically across
the globe there are companies that are based in egypt in afghanistan in somalia and even in germany and the united states in terms of individuals the also come from a significant range of countries from become trees of the middle east from african countries from germany the united states and from russia russian citizens primarily komo from the republics of the volatile region of russia's north caucasus from cheney and from in the east on there are also some well known names in this list and well known groups like the muslim brotherhood and russia's most wanted terrorist motto you know this document shows got some kind of a not word for has been created that connects countries with each other and that the problem of terrorism has become an international issue now several years ago the world thought off by a church inter is that a president here in this region asked of chechen rebels but now the situation has changed whether russia's most wanted some on the morrow being present own bilis of
the world's most wanted terrorists and it really is this document shows how the system works and thoughts of the problem all for a truism is far from being sold and it is an international problem. that is being a question of reporting for you right that well coming up in a just a few minutes here on our net gains. revolution of the trade of indian fishermen a mobile phones of transformed business that lives. possibly going to romania which to unite with they bring in more going for courts from both country. when tensions are high. what are europe's ongoing struggle to save the euro has been killed another blow because portugal has had its debt downgraded to junk status moving its credit rating agency behind the move it says a default is likely unless the country is given another bailout many analysts have
questioned the logic of saddling struggling and economies with more debt speculation grows over whether the e.u. was ready to come to portugal's rescue again to discuss this are now joined by douglas carswell an m.p. from the british conservative. so i thank you for joining us today so moody's says that portugal like greece may need another bailout if the e.u. ready for a fifth round of bailouts do you think i think it would be immensely food dish to have another bailout because what we're doing with each so-called bailout is adding to the amount of debt owed by countries who are already bankrupt this is the first time in history we've had an i.m.f. presided over a bailout that is if you like ladling more water into the boat if we really want to fix this problem instead of adding to the debts of portugal greece and other countries what we should be doing is three things we should be devaluing their currency is that means leaving the euro we should be allowing them to default on
their debt restructuring if you prefer that term and we should be forcing them to downsize their expensive public sectors if i may jump in here. but if i may for a moment there are some that are saying that all of this bailout money if it never goes to the people they just go to the banks and the government as they continue to line their pockets some say this is the biggest part of financial fraud in broad daylight your take on that. i think that's a pretty fair summary i mean for example in greece at the moment i think forty two percent of total debt is saying by foreign private institutions mainly french and german banks by so-called bailing out greece we're not helping greek people what we're doing is we're transferring that debt burden onto the shoulders of european taxpayers it's frankly an outrageous scam and i think it will mean that you know my children and my children's children will have vastly higher tax bills it's not right it's not good for us in western europe it's not good for greece it's not good
for portugal so you know you need to call this an hour's rage or so you call this an outrageous scam where outrage from the people we see we see the riots in greece put should there be a larger movement across the region to bring down the fat cats as they continue to line their pockets and just foot the bill to the people. but when when big business and big government get together i think we should all start to count the pounds or euros in our pockets i think we clearly see in greece that people are very upset but i think we're increasingly seeing people in the rest of europe getting increasingly upset because i think they're not you know the people are not stupid they understand that these bailouts are adding to the debt burden the way you deal with the debt problem is to reduce debt you don't double up you know we've been told ever since the western credit crunch erupted in two thousand and seven we've been told that bailouts of banks and countries of the answer all we've managed to do is to turn a banking crisis into a sovereign default crisis we've not got rid of the debt now we need
a different approach one but the i.m.f. to do what it's traditionally done which is to reduce the burden of debt rather than passing it on to the taxpayer now the i.m.f. has announced a new ten billion euro hike in fees for britain even as britain continues to cut its benefits and public services and what's the public reaction to this in the u.k. . well it's interesting earlier in the week we saw a lot of debate here in the u.k. as to how we should fund long term care for older people up we're increasing our contribution by nine point two billion i can't help but note that you could buy a lot of social care for older people in britain with one point three billion you know the argument is that we should continue to pay this money to the i.m.f. but i happen to think the i.m.f. is not doing what it has historically done so well it's actually ineffective it is an organization that is that is run with the wrong approach it's a little bit like putting the arsonists in charge of the fire department i was i was just going to ask you because in in your blog you say because today christine
lagarde formally takes the helm of the i.m.f. and you say in your blog that it's like putting an arsonist in charge of the fire brigade that's a very strong statement right and you say that but number one madame lagarde has been wrong on pretty much every analysts that she's done of the credit crunch since two thousand and seven number two she's waited in fixated to the idea of so-called bailouts this is adding to the debt problem what we need is the i.m.f. to do what it has historically done so successfully which is to come in and if you like require the country being rescued to do three things default on its debts devalue its currency and downsize the public sector i'm afraid that so long as the creditors sorry the debtors are in charge of the i.m.f. so long as the debtors run the bank there's very little sign that they will do that we will continue to see hard pressed western european taxpayers asked or rather not asked but required without consent to foot the bill for the folly of the political
class in pursuit of a grand years' vision of monetary union it's outrageous and it's not fair incidentally it's also going to consign us to the economic slow lane for many years to come if it's continues thoughtless and carswell are going to be from the conservative party many things thank you. well and for more on any of the news stories we're covering you can just log on to our web site that's r t dot com features analysis and exclusive videos waiting for you twenty four seventh's. online gallery where you can see pictures of the cars the crashes the chaos from the first ever crimea survival race. also how to find the secret to a terminal life we've got all the advice you need if you want to live forever. but also you can call. up the mobile phone has become an integral part of everyday modern life but what's seen as a fun gadget in some countries has proven enough to revolutionize the lives and livelihoods of many people call swear ati's prius treat and i reports on the indian
fishermen who are costing the next generation network for their catch. more than to come our wraps up his engine for a day of fishing off the coast of carolina the southernmost state in india with a little bit of i studied in school until the seventh grade but then i had to leave school because we were not economically well off so i had to help my dad fishing kumar is one of thousands of fishermen in the state who wake up at one o'clock in the morning to earn a living for tap kate's fisherman like mark rely on luck and prayer to find a good catch for all that has changed since the introduction of the mobile phone in the state more than ten years ago but where you are going to if the fish is not available where we go fishing fisherman in other parts of the sea call us and tell us where we might be able to find a good catch all but then we go to that particular place were. in addition because of the new ease of communication kumar is able to find out how much demand is that
is local market and the prices that buyers are offering in order to determine where bus to sell is fish today he is making double the amount of money he was making before he started using a mobile phone he now owns his own boat and says he is able to send his three daughters to college and he has the fastest growing mobile phone market in the world in the most growth is happening in rural areas what may be seen as a convenience in the west is being utilized by indian fishermen revolutionizing their business and turning them into entrepreneurs and businessmen in their communities most of these fishermen have been doing this work for generations and never imagined they'd become so tech savvy they had watched their fathers and grandfathers come home from sea several times with no fish at all but today that never happens you know about a little bit there's a lot of difference between the times when we used to go fishing with stick boats and now when we go fishing with engine but after the arrival of the phone it's become easier for us to study show that mobile phones aren't just empowering the
fisherman in the community more competition means better prices for consumers on average they fallen by four percent it's a new quality of life for the people of this community who never dreamed that they would escape poverty it was most fishermen their illiterates but we want to give a proper education to watch children and that is possible because of the earning we get from the fishing business there's no doubt that mobile phones have helped. providing new opportunities by advancing their tradition with technology preassure either archie carola india. with artillery from moscow now germany is reportedly selling two hundred battle tanks to saudi arabia talk of a deal has caused outrage among germany's opposition politicians who claim the government would be breaking its own export rules but also angry a saudi military saudi military rather has helped to crush anti-government demonstrations in a bahrain one this hour let's cross live to yenda wagner
a peace activist standing by in hamburg. thank you for joining us today thank you and there's criticism that this deal as i was saying would breach weapons export guidelines it is is this true yes it's true but the weapons export go and learn new that it's illegal to be exported weapons to work the area that is known for human rights violations and as we've seen of the recent months berthold you arrive you are saudi arabia is clearly. can you use those human rights violations or hurry. up was there with military military force so you measure your links there between between a saudi arabia using military force to crush our regions of the arab spring as people call it two hundred battle tanks during a time of regional chaos that is this why saudi arabia is binah tanks or something else going on. there's certainly no you must see the larger picture which is.
which is certainly. any at the western of the monitors in this region is specially now through the iran so all the people see the weapons deal. commentary with all that in contrast with the. with the regional dominance in the region were tsunami those who region there has to be strengthened are through all the uprising going even the u.s. because of the arab spring so it's impossible to saudi arabia it's forecasting more local regional chaos by by trying to build up its battlements here. yes that's possible it's also possible. so explain to we want to give certainly the concerns are into iran to further threaten iran and only serve a second only because territory also for the. defense. or against of what is a. simple moves so it's also to crush any fluid or. region
when you talk about the tanks possibly turning their targets are facing iran with saudi arabia being are so close for example with the united states you think washington or remain quiet on this subject of saudi arabia getting its hands on two hundred battle tanks well you know it's news it is worth. that as we have informed all the already been consulted on this issue. as you could like for this of the germ of the german defense of. right now if we can let's turn our attention to germany where germany had previously decided against selling heavy weapons to saudi arabia what could have prompted it to possibly change its mind. although certainly. you're certainly she ways to. threats or pressures of just government so that it's
not trying to please the one of the pressure because the east was asian of europe that means the bankruptcy of greece. and the bankruptcy of portugal. is forced. to use its exports more to maintain some kind of. which is to maintain some kind of stability the financials if you were to be able to cope with this situation of the bankruptcy of the. the euro well that's not and that's what he would seem to make sense as to boost its exports to make some money when he's having it happen to support so much of the bailouts of the euro zone but a you know germany is also considering supplying bomb components and other weaponry to aid nato in libya remake of the u.s. it's kind of under it as a board it's under pressure politically because it has. strayed from active military as of engine libya and of cause it wants to get also or get
a share in in the oil contracts later on that are expected to have a good record with a legal reference for. germany doesn't want to give them far behind if this race were poor so it's certainly now showing its alliance to whisper to it to the western powers would please arms deal yes a peace activist life from home thank you thank you very much. well activists and romania say they want unification with neighboring moldova by next year they say their two countries should be together again as they have been at various points in the history but as aussies alexian of reports there are mixed feelings about the plans with many in moldova remaining bitterly opposed. from photo exhibitions. in both bucharest and kisha now since two thousand and nine some
movements in romania have been complaining to win back what they see as their land . since april it's been impossible to miss colorful stickers like that in towns and cities across romania bessarabia is romania they say believing that the land which is now the sovereign state of republic of moldova must again be under bucharest control and indeed it was until the nineteenth century which saw it pass hands several times with the collapse of the u.s.s.r. moldova declared independence becoming a member of the united nations cancel of europe and the world trade organization now in alliance of more than thirty n.g.o.s in romania say these achievements will be sacrificed in the name of reunification unification i. romanians from the two states from romania republic of moldova. because. we are separated unjustly and we want to leave this historical truth bucharest
official line is that reunification of the two nations can only happen if the post soviet state becomes an e.u. member but politicians in moldova have expressed concerns that president says school would not wait for that eventuality and will instead at some point in the future expand his country's borders to absorb moldova the remaining president. clearly said. within twenty five years from now. integrate. here under the. european integration for many of its actions is actually discrediting the whole cause the european integration because for most of. european integration is definitely not integration with. analysts in the moldova and capital say the. last few years have served as a clear proof of this intention. after the change of power in two thousand and nine
lose a verb meaning media outlets appeared and those include several major t.v. stations and two dozen news we believe the main mission is the ruben i j should move in the deconstruction of the moldovan identity. next year which marks to hundreds of years since book arrest last for the first time the action twenty two of movement is planning a massive information offensive on mobile with population action twenty twelve says it is not funded nor officially supported by bucharest and that their mission is peaceful form the people of the need to restore the greater romania if the majority of people from romania and from republic of moldova decide that. they want to reunification to use the. possible. if that's the case then it's hard to imagine any relief occasion in the near future especially without a forty percent of romanians agreeing they'd love to have bessarabia back but
almost two thirds of moldova's population wants to remain sober and. alexi russia ski r.t. reporting from book arrest in romania and kisha now republic of moldova. the business news is next with current. hello welcome to our business program here in r.t. on queen america good to have you with me the currency wars are not over i have to find a way out seems to be fading brazil's finance minister says he's ready for extra steps to steps to stem the rise of ryall according to go on take a. pill to agree on guidelines to manage that kind. from it easy access capital says russell has no recently child back. russia seems to be in a slightly better better position than some of the other developing nations forget
it these emerging economies have been emerging economies only last few years or so . russia's been around a lot longer russia has a huge trade balance inflation is not really a major issue in russia and it does have a more developed economy there so if there is a currency war between develop the developed economies and emerging market economies then i think russia will be dragged into it as soon as someone says. money pouring out of russia as a trend the government has long been struggling to reverse became the first to see foreign capital go the other way and register and inflow the central bank reports suggest that the inflow could be as much as three billion dollars that's against an eight billion dollar outflow in april and five billion flights in may it's been a rough first half of the year with over thirty one billion dollars leaving the country but the central bank is sticking to its annual estimates of around thirty five billion dollars of capital flight. now let's have
a look at the markets precious metals are catching their breath after tuesday's rally problems in the u.s. and europe feeding investor demand for safe haven. gold prices at over thirty dollars and our own song tuesday their biggest one day gain in eight months now oil is losing around ground this hour that is off of the tuesday's rally when it was trading near a three week high speculation that crude inventories in the u.s. could to kind of weak report by the u.s. energy department will be released. on those suggest it could show that crude stockpiles drop two and a half million barrels longs the. talks in europe probably wednesday led by banks afternoon reason best to service downgraded portugal's credit for no injuries to the investment grade and investors absorb a hike the chinese interest rates and a pretty similar picture in russia of the us has been rising for floods as investors are cautious to make any big moves let's have
a look at some individual stranded some guys it's energy majors among the main losers this hour would look all down not more than six percent banking stocks are also on the pressure would be to be losing over two percent bucking the trend though exporters called it's up four percent supported by strong the precious metal . inflation in russia for the first six months of the year has talked five percent the biggest price increases were in cereals and beans with. and almost twenty percent more expensive and non-food tobacco is up for the sat and ten additionally inflation russia grows faster in the second half of the year but authorities still expect it to be around seven percent i think. that's our business update for this hour stay with us for headline news up next cory.